How much does SMV Commercials Limited make?

SMV Commercials Limited reported revenue of £11.2m and a loss of £332k in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does SMV Commercials Limited have?

SMV Commercials Limited reported an average of 46 employees in the year to 30 Sep 2024.

Is SMV Commercials Limited profitable?

No — SMV Commercials Limited reported a loss of £332k in the year to 30 Sep 2024.

Company No. 06849971 · Incorporated 17 Mar 2009

SMV Commercials Limited

Registered name: SMV COMMERCIALS LIMITED

Part of Commercial Vehicles (Yeovil) Limited group

SMV Commercials Limited made £11.2m revenue and a £332k loss in the year to 30 Sep 2024. read from filing text

SMV Commercials Limited’s revenue fell 13% to £11.2m in the year to 30 Sep 2024, with a loss of £332k and 46 employees. The company is classified under “sale of other motor vehicles” and is based in Exeter; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45190Sale of other motor vehicles SIC 45200Maintenance and repair of motor vehicles SIC 77110Renting and leasing of cars and light motor vehicles SIC 77120Renting and leasing of trucks and other heavy vehicles

Status: Active
Location: Exeter, South West
Age: 17 yrs · since 2009
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is a wholly owned subsidiary of Commercial Vehicles (Yeovil) Limited, whose registered office is The Summit, Woodwater Park, Pynes Hill, Exeter, EX2 5WS.”

Latest accounts · year to 30 Sep 2024

Key figures

Revenue

£11.2m

Growth ▼13.2%

Profit

−£332k

Growth ▼272.9%

Profit margin

−3%

Gross 11.8%

Employees

Change ▼2.1%

Profit / employee

−£7.2k

Revenue/employee £244k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£11.5m	£12.9m	£11.2m
Cost of sales	£9.5m	£11.2m	£9.9m
Gross profit	£2m	£1.8m	£1.3m
Operating profit	£681k	£409k	−£28.8k
Profit before tax	£529k	£117k	−£440k
Profit after tax	£373k	£192k	−£332k
Profit (best available)	£373k	£192k	−£332k
Staff costs	£1.2m	£1.2m	£1.6m
Employees (average)	47	47	46
Ratios
Profit margin	3.2%	1.5%	−3%
Gross margin	17.3%	13.7%	11.8%
Revenue per employee	£245k	£275k	£244k
Profit per employee	£7.9k	£4.1k	−£7.2k
Growth (year on year)
Revenue growth	—	▲12.2%	▼13.2%
Profit growth	—	▼48.5%	▼272.9%
Headcount growth	—	0%	▼2.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£217k	£236k	£77k
Net assets	£1.3m	£1.4m	£487k
Fixed assets	£2.6m	£3.1m	£3.9m
Current assets	£3.3m	£4m	£2.6m
Debtors	£737k	£1m	£905k
Deferred income	£141k	£105k	£195k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −3%; Profit ÷ revenue.
Gross margin: 11.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £244k; Revenue ÷ average employees.
Profit per employee: −£7.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 34.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼66%; Now £487k
Cash at bank: ▼67%; Now £77k
Headcount: ▼2%; Now 46
Deferred income: ▲86%; Now £195k
Fixed assets: ▲24%; Now £3.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Commercial Vehicles (Yeovil) Limitedultimate parent75–100%
SMV Commercials Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Alansway LimitedFigures not disclosed
Farizon South West LimitedFigures not disclosed
Optionallied LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£332k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.